RE: Bitcoin treasury11 Jul 2025 08:14
First, 'we' own 1 btc... and wait on an rns (no idea why it's taking so long and atm it's a bit like owning... well, #GST!)
atm, the increase to #GST is about £9k... if they're still to buy then it's cost them 10% in stalling...
so far, Shayne has 'advertised' a 1bitcoin purchase (no idea why that was tweeted 12hours before the placing... don't even know if it's true) and, if they haven't yet bought then they're already 10% down... be a bit like buying #GST at 1.9...
if they HAVE bought 40 btcoin from two weeks back (is that likely?) then they'd have probably double their to be announced profits!
if they didn't then their Treasury will cost 10% more... wtf ARE they playing at?
plus, unless i'm mistaken, they can't leverage the store of clients' crypto so the hope has to be not that it just keeps rising but that it's volatile, so they make on the buying and selling?
iv EVER there was a time to understand the workings of GST i think it would be now...